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Sampo’s new dividend policy

Stock Exchange Release - 6 Feb 2020 at 9:30 AM

Sampo plc’s Board of Directors has today approved a new dividend policy according to which total annual dividends paid will be at least 70 per cent of Group's net profit for the year (excluding extraordinary items). In addition, share buy-backs can be used to complement the cash dividend.

According to the old dividend policy, the company aimed at paying total annual dividends amounting to at least 50 per cent of Group's net profit for the year (excluding extraordinary items) and share buy-backs could be used to complement the cash dividend.

Sampo Group is made up of the parent company Sampo plc and its subsidiaries If P&C, Mandatum Life and Topdanmark. Nordea, the Nordic banking group and Nordax, a leading niche bank in Northern Europe operating in consumer lending market, are Sampo plc's associated companies.